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The clip opens with Tiller leaving a photo book on his ex's doorstep that serves as a window into the couple's better days. While the singer mulls his true feelings over sultry, trap-anchored production, the clip jumps between past and present, where Tiller catches the eye of his ex after a movie date with another woman. Nevertheless, the "Exchange" video ends with a reconciliation, with Tiller's photo book guiding his girl back to a romantic, scenic overlook.

"Exchange" appears on Tiller's debut album, Trapsoul, which saw release last October. The Louisville singer-songwriter notched a hit with "Don't" and earned a co-sign from Drake.

In an interview with Rolling Stone, Tiller explained the origins of the album's title, and what the term "trapsoul" means to him: "I was in New York in 2014. It was still cold outside. I was sitting there working on 'Exchange' and 'Right My Wrongs' at the time, and a fan had commented on one of my songs called 'Let Em' Know' that was already on my SoundCloud and said 'trapsoul movement.' I started looking up songs under that title and was like, 'This is basically what my music is.' That's when I decided to call my project that. It's not like I just created [the genre] or anything. It already existed."